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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: FJB who wrote (486005)5/6/2012 10:14:27 PM
From: carranza2  Respond to of 793895
 
And the 10 year US bond is yielding 1.84%.

Got gold?



To: FJB who wrote (486005)5/7/2012 1:39:55 AM
From: FJB1 Recommendation  Respond to of 793895
 
Au revoir, austerity! New Euro crisis as French vote for return to ruinous spending

  • President Nicolas Sarkozy ousted by socialist candidate Francois Hollande
  • Meanwhile in Greece, voters reject policies of tough financial discipline
  • Analysts warns results could tip single currency into collapse within months


  • By Peter Allen, Tim Shipman and Rob Davies

    PUBLISHED: 13:02 EST, 6 May 2012 | UPDATED: 19:23 EST, 6 May 2012

    Read more: dailymail.co.uk

    Europe was plunged into fresh economic chaos last night as France rejected austerity and elected a tax-and-spend socialist president.

    Nicolas Sarkozy suffered a humiliating defeat at the hands of Francois Hollande, who ran on a platform of tearing up last December’s controversial deal to save the euro from oblivion.

    The inexperienced Mr Hollande is now seeking talks with the European Central Bank and German Chancellor Angela Merkel to demand further borrowing to boost growth...